1
17. Find the amount of 7 31250 for 25 years compounded annually, rate of interest being 12%
per annum.
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1
Answer:
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Step-by-step explanation:
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Answered by
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Answer:
Step-by-step explanation:
3/2 years = 18 months
Time = 3 as we are taking half yearly
31250(1+8/100)power3
31250×27/25×27/25×27/25
39366
=39366-31250
=8116
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